15 Burns Street, Invermay, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

15 Burns Street
Invermay TAS 7248

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 245m2
Land area: 789m2
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Property Details for 15 Burns St, Invermay

15 Burns St, Invermay is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1925. The property has a land size of 789m2 and floor size of 245m2. While the property is not currently for sale or for rent, it was last sold in December 2011.

Building Type
House
Year Built
1925
Floor Size
245m2
Land Size
789m2
Local Government
Launceston
Lot/Plan
1/225877

Last Listing description (December 2011)

An exciting investment opportunity!
Currently two spacious three bedroom flats returning $440 per week but could easily be converted back to a large ''Californian Bungalow'' style home.
Features include;

Both flats have large living areas and functional plus comfortable kitchens and bathrooms. Reverse cycle air conditioning in both flats reduces depreciation to the interiors and creates both a warm in winter and cool in summer environment. Polished floors throughout, original pressed metal ceilings and fireplace mantels.
Ample off street parking plus carport, easy care grounds and close proximity to the city and the Inveresk precinct (including Aurora Stadium) cap off this ''potential filled'' property investment.
* Sorry about lack of pictures. The current tenant's privacy and confidentiality is to be respected.
Flat one $240pw Lease expiry 1/2/2012
Flat two $200pw Lease expiry 10/11/2011
A great superannuation alternative!

Property History for 15 Burns St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$265,000
14 Dec 2011
  • 14 Dec 2011
    Sold for $265,000
  • 10 Oct 2011
    Listed for Sale 265000
  • 28 Sep 2007
    Sold for $275,000
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About Invermay 7248

The size of Invermay is approximately 4.1 square kilometres. It has 9 parks covering nearly 21.5% of total area. The population of Invermay in 2016 was 3061 people. By 2021 the population was 3498 showing a population growth of 14.3% in the area during that time. The predominant age group in Invermay is 20-29 years. Households in Invermay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Invermay work in a community and personal service occupation.In 2021, 46.50% of the homes in Invermay were owner-occupied compared with 44.00% in 2016.

Invermay has 2,054 properties. Over the last 5 years, Houses in Invermay have seen a 50.20% increase in median value, while Units have seen a 38.69% increase. As at 30 November 2025:

  • The median value for Houses in Invermay is $509,690 while the median value for Units is $348,837.
  • Houses have a median rent of $460 while Units have a median rent of $420.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Invermay on OnTheHouse. According to Cotality's data, 100 properties were sold in the past 12 months in Invermay.

Suburb Insights for Invermay 7248

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.